KMD Net Payroll
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Case study: Important Milestone – 50 clients
KMD reaches important milestone with 50 clients in the Danish Market
KMD Net Payroll (KMD Nettolønberegner) has been on the market for five years now. It has passed an important milestone, with more than 50 private companies as customers for whom the company provides payroll services covering more than 100,000 employees.
Customers include market leaders such as Vestas Wind Systems, Statoil, Danisco, Novozymes, Arla Foods, SAS, Bang & Olufsen and SAP Denmark.
KMD Net Payroll is KMD’s SAP-based net pay calculator for use by private companies. It runs on SAP-HCM and is the ‘missing link’ in SAP-HCM. Once the system has been implemented, the entire payroll process can be administered in-house without the need for external assistance when it comes to calculating net pay. This lends a large degree of freedom to companies when it comes to payroll administration.
The solution has been officially certified by SAP AG and may be used with SAP’s version 4.6C and all subsequent versions.
KMD Net Payroll is fully integrated in SAP-HCM. Calculations pertaining to specific collective agreements and individual companies are handled via the gross pay interface within SAP-HCM, while the net pay calculator deals with the legislative and computational tasks associated with net pay.
Together with our business partners, KMD is able to offer a turnkey solution when it comes to KMD Net Payroll. The system is regularly updated with any legislative changes in accordance with the functionality offered by the chosen solution.